The Canadian dollar continued to retrace the decline from back in May, and the appreciation in the loonie may accelerate in the following week should the Bank of Canada show an increased willingness to raise the benchmark interest rate.

The Canadian dollar was mostly lower on the week, falling against its American counterpart, while falling against every other major currency, save the euro.

The Canadian dollar may continue to gain ground against its U.S. counterpart as interest rate expectations gather pace, but currency traders may show a mixed reaction to the data scheduled for the following week.

The Canadian dollar was the worst performing currency this week, falling against every other major currency, while dropping 0.97 percent against its American counterpart.

Despite a surprise drop in the unemployment rate, the loonie is expected to see further downside as concerns over growth in the US and sovereign debt fears in Europe continue to weigh on risk appetite.

The Canadian dollar's exchange rate to its US namesake remains closely correlated with the S&P 500.

The Canadian dollar struggled to hold its ground against its U.S. counterparts even as currency traders showed a bullish reaction to the Bank of Canada rate decision.

The Canadian dollar's exchange rate to its US namesake remains closely correlated with the S&P 500.

The Canadian dollar continued to weaken against its U.S. counterpart.

The Australian dollar ended the week lower by nearly 1.2 percent against the greenback as a commodities rout accompanied by a broad based risk sell-off weighed on higher-yielding, growth backed assets.